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On 06th February 2023, the Bombay Stock Exchange (BSE) issued a noticein regard to the Fund Settlement for Trades Executed on the Request forQuote (RFQ) Platform. The particular notice was issued in reference to the previously issued SEBI Circular, “SEBI/HO/DDHS/DDHSRACPOD1/P/CIR/2023/9″ , issued on 09th January 2023 in regard to “Mode of Settlement for trades executed on the Request for Quote (RFQ) platform”.
The participants are henceforth requested to note the additional bank a/c details for funds settlement pertaining to RFQ in NDS-RST platform: For settlement of funds through RTGS mode (Rupees Two lakh and above) participants can use existing RBI RTGS bank account.
BSE Issues Notice in Regard to the Fund Settlement for Trades Executed on the Request for Quote (RFQ) Platform
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